July 25, 2024

Noncomprehensive Sanctions: Venezuela, Global Magnitsky, Hong Kong

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The Venezuela sanctions program began in March 2015, when former President Obama imposed targeted sanctions on certain Venezuelan officials using violence against anti-government protestors. These sanctions targeted only the officials, not the country or government at large, and therefore were clearly noncomprehensive in nature. In August 2017, President Trump imposed significant additional sanctions, generally prohibiting U.S. persons from providing financing to the Government of Venezuela and Petróleos de Venezuela, S.A. (PDVSA), the state-owned oil company.  By Daniel Pilarski. Full Text -> MarineLink

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